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Saturday, October 12, 2013

USD/JPY intraday technical levels for October 11, 2013


TODAY's  TECHNICAL  LEVELS:
 Resistance. 3 : 98.87.
 Resistance. 2 : 98.68.
 Resistance. 1 : 98.48.
 Support. 1    : 98.24.
 Support. 2    : 98.04.
 Support. 3    : 97.85. 
 DESCRIPTION :
 Please, pay attention to the levels of support 3 (97.85) and resistance 3 (98.87). Normally, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.